Carbon credits offer an opportunity to unlock climate finance for the African continent. But the region currently accounts for just 2% of trading on the global carbon markets valued at over $2 billion. Demand for carbon credits is expected to increase by a factor of 15 or more and could be worth over $50 billion by 2030. But the current

Today, the Africa Carbon Markets Initiative (ACMI) announced 13 action programmes. Steering committee members, made up of African leaders, CEOs, and carbon credit experts, met at Abu Dhabi Sustainability Week to build on early momentum and set out further ambitions. In the lead-up to COP28 ACMI’s action programmes aim to accelerate Africa’s participation in the global carbon market

Africa Carbon Markets Initiative’s (ACMI) mission is to enable the growth of carbon markets across the continent, with a target of USD 100 billion in annual carbon credits issued by 2050. For this to happen, there needs to be a strong push in policy and regulatory capacity building, so that countries can establish frameworks for